Blum Holdings Inc (BLMH)

[IndustryParticipant]

It is truly a shame given the amount of time and content that has been dedicated to the cannabis industry and it's day to day workings nationwide here, covering literally the entire spectrum, that anyone would still have such a tremendous lack of understanding of the most basic components of any business actually..

It seems many still do not have an understanding of commercial property matters within the industry nationwide.

We have addressed time and time again nationwide leasing for retail, as well as west coast.

Here's a glimpse:
A recent bidding war for a decent 1,600-square-foot storefront on the Westside of Los Angeles ended at $35,000 per month, he said, or about $22 per square foot. That’s a high retail rent for the area.

We have touched on property listings from Northern California for cultivation warehouses in the $30-$60,000 a month range.

It has been addressed, and is common knowledge ownership of properties isn't, or has ever been the norm in the history of the industry....

It has also been addressed extensively even the current most well funded and largest organizations as we speak are opting to do sale lease backs for dispensary and cultivation sites up to more than $425,000 a month which include "management" fee's...

To continue to address these extremely common every day industry issues over and over again while overlooking the industry norm is simply nonsensical, tired, and increasingly actually disturbing.